Richard bay coal bounces back from key level

MG News | June 13, 2023 at 02:50 PM GMT+05:00

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June 13, 2023 (MLN): Richard bay coal rebounded from a historical level and finally got some relief after sinking to levels not seen since 2021.

Richard bay coal contract for the month of June 2023 (LVM23) currently stands at $105.45, up 5.24% in this month.

Meanwhile in FYTD, Richard bay coal is down 42.38%, and by a massive 77.08% from the peak which was in March 2022.

Richard bay coal Monthly is a futures contract that is based on the price of coal loaded at the Richards Bay Coal Terminal in South Africa.

It is traded on the ICE/EU exchange and has a contract size of 1,000 metric tonnes.

Richard bay coal Daily Time-frame:

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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,750.00	64,800.00 63,430.00	90.00 0.14%
BRENT CRUDE	86.80	89.90 85.80	-3.58 -3.96%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	1.10 0.90%
ROTTERDAM COAL MONTHLY	131.00	131.00 130.00	-1.75 -1.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	84.29	0.00 0.00	-0.59 -0.70%
SUGAR #11 WORLD	13.70	13.97 13.68	-0.09 -0.65%